CLAIM PREPARATION COST CLAUSE (sub limit IDR 500,000,000 any one loss or series of losses arising from any one event)
- Monday, December 19, 2016, 10:06
- C-Clauses
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The insurance under this item is to cover such reasonable professional fees payable by the insured to their financial adviser (including fees of accountants, loss adjusters and/or valuer’s appointed by the insured) and such other reasonable expenses necessarily incurred by the Insured and not otherwise recoverable, for preparation of claims and proving the loss under section 1 and 2 of the claims and the Insurer(s) shall indemnify the insured for such reasonable fees and expenses.
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